Creative Colors vs TechZone Airbag Service Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Creative Colors vs TechZone Airbag Service including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Creative Colors Franchise
TechZone Airbag Service Franchise
Investment $179,125 - $266,650$51,500 - $110,400
Franchise Fee $49,500$15,000 - $35,000
Royalty Fee 7.5%8.5%+marketing fee 2%
Advertising Fee 1%-
Year Founded 19801992
Year Franchised 19911994
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee up to 20% of current fee$5K


Business Experience Requirements
 
Creative Colors Franchise
TechZone Airbag Service Franchise
Experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Creative Colors Franchise
    TechZone Airbag Service Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Creative Colors Franchise
    TechZone Airbag Service Franchise
    Training Franchisee must participate in an initial training and familiarization course of three weeks duration held in Mokena, IL. You'll learn sales and marketing techniques, financial controls, upholstery coloring, restoration and repair methods, and other administrative and operational aspects of the Creative Colors International business. In addition, a Creative Colors International field representative will spend one week with you in your territory around the time your business commences operations to help you get started. On-The-Job Training: 40+ hours Classroom Training: 120+ hours -
    Support As a Creative Colors International franchise owner, you'll receive periodic visits from a trained field representative, who will provide guidance and quality control, and answer any questions you may have. In addition, you will receive a copy of the Creative Colors International Confidential Operations Manual, Training Manual and Employee Manual, which covers the policies and procedures involved in running your business. As the manuals are updated, revisions will be made available to you. And, of course, we'll be only a phone call away for answers to questions that arise during the day-to-day operation of your franchise, as well as having our Intranet available 24/7. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Regional advertisingCo-op advertising, Ad slicks, National media, Regional advertising
    Operations Franchise can be run from home.

    20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 4

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 Franchise can be run from home.

    20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Creative Colors Franchise
    TechZone Airbag Service Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Creative Colors

    In 1980, Jim and JoAnn Foster answered an ad in their local paper that described a new technique for dyeing vinyl and leather. The couple bought the license to use the technique in their area and began J&J's Creative Colors. To strengthen their business, the Fosters began researching, practicing and refining various techniques for repairing vinyl, leather and plastic, incorporating them into their business. J&J's worked with automobile, boat and recreational vehicle dealers, making repairs at the dealers' lots. The company began franchising in 1990 under the name Creative Colors International. Now franchisees across the country use the Fosters' techniques to repair the interiors of various vehicles at dealer lots before they are sold.We have a goal to reach 500 units nationwide in US, adding 100 units over next 4 years

    The total investment necessary to begin operation of a single Creative Colors International Franchised Business is $95,125 to $122,250. This includes $84,000 that must be paid to the Franchisor.
    The total investment necessary to begin operation of an Area Development Creative Colors International franchised business is $179,125 to $266,650. This includes $168,000 that must be paid the Franchisor. The fee paid to the Franchisor covers the initial area development fee for 3 Franchised Businesses you will own and operate plus the Start-Up Fee for the 1st Franchised Business you open. For each additional Franchised Business you open, your investment is an additional $44,500 you must pay the franchisor.
    Veteran Incentives  $1,500 off franchise fee

    "Entrepreneur
    #410 in Franchise 500 for 2020.

    About TechZone Airbag Service

    In the early '90s, engineer Douglas C. Hansen was working for an aerospace firm developing airbag inflators. He discovered there was a lack of understanding regarding airbag systems'how they worked, how they should be handled and how they should be repaired.

    Propelled by that discovery and recent legislation that required all cars to be equipped with driver and passenger airbags, Hansen and his wife, Victoria, founded Airbag Service. Franchisees work with repair shops and consumers in testing, maintaining and replacing airbags.

    The company has co-branding relationships with Novus and Apple Auto Glass.